Insider Buying: Rolls-Royce Holdings plc (LON:RR) Insider Acquires £142.01 in Stock

Rolls-Royce Holdings plc (LON:RR) insider Helen McCabe acquired 11 shares of the business’s stock in a transaction dated Monday, November 9th. The shares were acquired at an average cost of GBX 1,291 per share, with a total value of £142.01.

Helen McCabe also recently made the following trade(s):

• On Monday, November 9th, Helen McCabe bought 3 shares of Rolls-Royce Holdings plc stock. The stock was bought at an average cost of GBX 1,255 per share, for a total transaction of GBX 3,765.
• On Wednesday, October 7th, Helen McCabe bought 14 shares of Rolls-Royce Holdings plc stock. The stock was bought at an average cost of GBX 1,464 per share, for a total transaction of £204.96.
• On Tuesday, September 8th, Helen McCabe bought 13 shares of Rolls-Royce Holdings plc stock. The shares were bought at an average price of GBX 1,479 per share, for a total transaction of £192.27.

Rolls-Royce Holdings plc Trading Up 4.7%

LON RR traded up GBX 59.40 on Tuesday, hitting GBX 1,320.60. 10,012,358 shares of the company traded hands. The company has a market capitalization of £113.26 billion, a price-to-earnings ratio of 48.14, a P/E/G ratio of 0.55 and a beta of 1.20. The business’s 50 day moving average price is GBX 1,389.03 and its 200-day moving average price is GBX 1,334.06. Rolls-Royce Holdings plc has a 52-week low of GBX 196.45 and a 52-week high of GBX 537.20.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on RR shares. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,870 price objective on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. JPMorgan Chase & Co. lifted their price objective on Rolls-Royce Holdings plc from GBX 1,625 to GBX 1,800 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Citigroup boosted their price objective on Rolls-Royce Holdings plc from GBX 1,101 to GBX 1,647 and gave the company a “neutral” rating in a research note on Monday, August 17th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,325 target price on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. Finally, Royal Bank Of Canada restated an “outperform” rating and set a GBX 1,600 target price on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Rolls-Royce Holdings plc currently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,690.33.

Rolls-Royce Holdings plc Company Profile

Rolls-Royce Holdings plc develops and delivers complex power and propulsion solutions for air, sea, and land in the United Kingdom and internationally. The company operates through four segments: Civil Aerospace, Defence, Power Systems, and New Markets. The Civil Aerospace segment develops, manufactures, markets, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services. The Defence segment is involved in the development, manufacture, marketing, and sale of military aero engines, naval engines, and submarine nuclear power plants, as well as offers aftermarket services.